Question: Assume an organization could issue a zero coupon bond at an annual interest rate of 4 percent with semi-annual compounding for 20 years. If it

Assume an organization could issue a zero coupon bond at an annual interest rate of 4 percent with semi-annual compounding for 20 years. If it receives $2,264.45 for the bond, how much would it have to pay at the maturity date?

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